Johnson Controls-Hitachi Air Condition. India standalone net profit rises 520.53% in the March 2021 quarter

Sales rise 33.83% to Rs 579.35 crore

Net profit of Johnson Controls-Hitachi Air Condition. India rose 520.53% to Rs 44.43 crore in the quarter ended March 2021 as against Rs 7.16 crore during the previous quarter ended March 2020. Sales rose 33.83% to Rs 579.35 crore in the quarter ended March 2021 as against Rs 432.91 crore during the previous quarter ended March 2020.

For the full year,net profit declined 60.37% to Rs 33.10 crore in the year ended March 2021 as against Rs 83.53 crore during the previous year ended March 2020. Sales declined 25.07% to Rs 1646.54 crore in the year ended March 2021 as against Rs 2197.37 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales579.35432.91 34 1646.542197.37 -25 OPM %13.366.28 -7.137.84 - PBDT79.1027.01 193 111.80175.35 -36 PBT58.0710.29 464 36.32119.06 -69 NP44.437.16 521 33.1083.53 -60

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